Can Synthetic Data Solve Our Data Bias and Privacy Problems?

3 min read

Nicolai Baldin, founder and CEO of, talks about the future of sharing data and the power of synthetic data. Synthetic data is a new solution for data sharing needs that’s secure and easier to regulate.  Synthetic data solves the privacy issues that arise with anonymization, where even anonymized data could reveal private information. Bias is a serious issue with real-world data sets, but synthetic data can correct for such bias because it doesn’t rely on existing data.  Data is an essential tool for companies and organizations, but simply using whatever data you can find or collect from users or…...

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Dara Tarkowski I'm Dara Tarkowski. Innovator, entrepreneur, attorney and podcast host. I am FinTech and RegTech enthusiast passionate about responsible innovation and exploring the intersection of law, technology and highly regulated industry. I'm the Managing Partner at Actuate Law, Chief Innovation Strategist at quointec, and the Host of the Tech on Reg podcast, recently named one of the top 10 RegTech podcasts. I was also named to the 2019 Women in FinTech powerlist by Innovate Finance.